U.S. Stock Market Tanks: 3 Things that Could Save It
Despite Friday’s small gains, the U.S. stock market tanked this week and put in its worst performance since 2008.
Gold Prices Headed for Reversal? Not so Fast, Say Believers
Gold prices seem to have lost their golden touch in September, falling from a high of $1,920 per ounce to $1,650, a drop of 14 percent.
Commodities Prices Get Hammered: Investment Thesis no Longer Intact?
In the September 2011 market turmoil, commodities prices are getting hammered. Even gold, which earlier in the year seemed to decouple from everything else and rise higher and higher, has fallen.
Recession Fears: It's Coming Because ... It’s About Time? [CHART]
When legendary investor Jim Rogers was asked if a recession is coming soon, he said recessions come “because, because, because.”
House Passes Spending Bill as Showdown Looms
Republicans in the House of Representatives regrouped Friday to approve a must-pass spending bill, but the prospect of a government shutdown loomed as Democrats said it would go nowhere in the Senate.
Why Gold is No Safe-Haven Asset (And Why It’s Plunging Right Now)
Gold is not a safe-haven asset, contrary to what some gold bugs believe. Perhaps the clearest recent evidence of is its huge declines since early September in response to the European debt crisis and the struggling U.S. economy.
Biggs Warns of Double-dip Recession, 20 Pct Market Drop
Hedge fund industry veteran Barton Biggs warned of a global double-dip recession and a 20 percent market drop if the governments do not fix the problem.
Brazil's Tariff on China, Others: the Beginning of Something Dangerous?
Last week, Brazil slapped on a 30 percentage point increase in import tariffs of automobiles (the Mercosur trade bloc and Mexico are exempted). A major objective of this tariff is to slow surging imports from China.
U.S. Stock Market Plunges: Buy, Sell/Short, or Hold Tight?
The U.S. stock market rallied from last July until the end of April this year. It stalled from May to mid-July, after which it began to plunge.
China's Manufacturing Slows as U.S., Europe Stall
China's manufacturing sector contracted for a third consecutive month in September while a measure of inflation picked up, suggesting the world's No.2 economy may not be able to provide much of a counterweight to flagging U.S. and European growth.
Why the Fed’s Operation Twist Will Hurt Banks
After the Federal Reserve announced its Operation Twist, bank stocks plunged.
What is Operation Twist, the Fed’s Latest Remedy?
What is Operation Twist, the Federal Reserve's latest move to boost the economy?
U.S. Dollar Trumps Euro, Other Currencies: JPM Strategist
The U.S. dollar trumps virtually all other currencies in the current environment of fear because of its safe-haven status, Jan Loeys, chief market strategist at JPMorgan Chase, told Bloomberg TV.
Are Annuities the Next Bubble?
Not too long ago, if you mentioned the word annuity to investors, their eyes glazed over. But now individual investors, panicked by stock market selloffs that threaten their retirement dreams, have been doing something they have never done before: asking for them.
As Fed Meets, Republicans Warn Against Policy Move
Top Congressional Republicans on Tuesday took the unusual step of telling the Federal Reserve to refrain from further intervention in the economy on the eve of the central bank's policy decision.
BRIC Help for Euro Zone Has Echoes of 1998
The world's giant emerging economies have no magic wand to resolve the euro zone's debt problems, but a contribution to its stabilization could still prove powerful, help avert market panic and reap significant non-financial rewards.
Why Greece Should Default on Debt and Leave the Euro
Greece should default on its debt and leave the euro currency if it wants to have a chance at prospering in the coming decade. (This goes for other Eurozone countries in a similar situation).
Euro Breakup Inevitable, Greece Needs to Abandon it ASAP: Strategist
The “only” option left for the euro zone is to break up the euro currency, Michael Pettis, chief strategist at Guosen Securities HK, told Bloomberg TV.
Pacquiao-Mayweather Fight: Will it Ever Happen?
The Pacquiao-Mayweather fight.
Where Will Stocks be in 10 Years? Bogle’s Bird’s-eye View
With the U.S. stock market tanking in late 2011 due to a myriad of issues, mainly the stagnant U.S. economy and Europe's sovereign debt, many investors have sold out and ducked for cover.
China Will Dominate in 2030, Even if U.S. Economy Rebounds [CHARTS]
China will be the dominant economic power in 2030, even if the U.S. economy stages a turnaround as it did in the 1990s, argues Arvind Subramanian, author of upcoming book Eclipse: Living in the Shadow of China's Economic Dominance.
Should Obama Not Run in 2012? Make Way for Clinton?
Incumbent Democratic President Barack Obama should step aside in 2012 to make way for Hillary Clinton, wrote Steve Chapman, an editorial writer at the Chicago Tribune, in a column.
Customer to Netflix CEO Reed Hastings: 'It’s the Movies, Stupid'
It's the movies, stupid, wrote a commenter on Netflix CEO Reed Hastings' blog post, referencing one of Bill Clinton's 1992 presidential campaign phrases.
Pirate Party Scores Historic Victory in German Election: Who are They?
The Pirate Party scored a huge victory in Germany, winning 9 percent of the votes cast in the Berlin state election.
Alec Baldwin’s News Corp Hacking Joke Cut from Emmy Awards
The Emmy Awards in 2011, which aired on Sunday on Fox, was originally set to open with a video featuring actor Alec Baldwin, Deadline first reported.
Obama, Republicans Shift Tax, Budget Fight Into 2012
President Barack Obama and Republicans in Congress are digging in to fight the 2012 U.S. election campaign over the budget and taxes, leaving a congressional super committee in political no man's land.
Bernanke, Europe Hold key to Market Rally
Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis if U.S. stocks are to build on their best week since early July.
What's on Obama's Tax List, Besides Buffett Tax?
President Barack Obama is expected to make a raft of recommendations for changing tax law on Monday, in addition to his new proposed tax on the rich -- known as the Buffett tax after billionaire Warren Buffett -- which was disclosed on Saturday.
Occupy Wall Street Protest: What do They Want?
“Occupy Wall Street” is a U.S. movement to occupy Wall Street and surrounding areas in Lower Manhattan.
Remember Google+? Some Think It's Declining (or at Least Slowing)
Remember Google+? That red-hot, exclusive, and invite-only social networking service? Now, you don't hear about it as much. And when you do, it's often someone writing about how it's in decline.